I hope you didn't take offence to what I said before Hawk, I always try to be respectful to the posters here, not because it's apart of ihub's TOS, because it's how I am as a person!
It's fine if AW wants to keep BIEL small till a marketing partner or the right buyout comes along, but BIEL as a private company, not BIEL as a public company, businesses go public for one reason and one reason only to get access to capital and grow exponentially!
Right now BIEL doesn't have the capital to wait for that perfect partner or buyout to come, this is just not realistic for a small company that is struggling, even if you don't believe anything that is said here, you have to believe numbers: most recent Q, cash 57k, sales 141k, cost 43k, profit 97k, total expense 416k, loss 316k!
As you can clearly see BIEL doesn't have the cash to cover the expenses from qrt. to qrt., not from year to year, we are talking quarter! AW does't have the luxury to wait!
When you invest in a company, and I'm talking invest not trade, the number one thing you look at is the cash position, and that will determine, if the company has the luxury to wait until profitability. 2nd thing you look at is the growth in sales, and that is an indication of management's effectiveness!
BIEL strikes out on both, and thus the frustration of the shareholders, when it seems the opportunity to make a deal, was rejected several times, and the real kicker is the ceo doesn't seem to care to give us any answers as to why, or if such deals are still pending!
I don't just take what people here say, and run with it! I line up what they are saying with what is coming from BIEL, and come to the conclusion that there is some truth to what they are saying!
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